Merchants State Bank
Status: | Inactive as of 01/01/1992 |
Merger - Without Assistance | |
Successor Bank: | VeraBank |
Headquarters: | Merchants State Bank First And Rusk Streets Mount Enterprise, TX 75681 |
Established: | 01/01/1908 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #13672 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $23,894,000 |
Total Deposits: | $21,520,000 |
History
1908-01-01 | Institution established: Original name:Merchants & Planters State Bank | |
1985-03-20 | Changed name to Merchants State Bank | |
1992-01-01 | Merged into and subsequently operated as part of Citizens National Bank of Henderson (3250) in HENDERSON, TX | |
1994-11-15 | Changed name to Citizens National Bank (3250) | |
1998-07-23 | Acquired First State Bank (18611) in WASKOM, TX | |
1998-12-11 | Acquired Jefferson National Bank (24911) in JEFFERSON, TX | |
2001-10-26 | Acquired Peoples State Bank (23420) in HENDERSON, TX | |
2013-02-15 | Acquired White Oak State Bank (20707) in WHITE OAK, TX | |
2013-09-28 | Acquired The East Texas National Bank of Palestine (3379) in PALESTINE, TX | |
2016-11-04 | Acquired Kilgore National Bank (35548) in KILGORE, TX | |
2018-11-09 | Acquired Union State Bank (11886) in FLORENCE, TX | |
2019-01-22 | Changed name to VeraBank, National Association (3250) |